modo vs. owning.
It costs approximately 56.4¢ a kilometer to drive a vehicle in the Lower Mainland, which costs the average driver around $8000 per year.
It also costs roughly:
- $200 a month to finance and/or purchase a vehicle,
- $100+ per month to insure it,
- $100 to fill it with gas, plus
- $100 to maintain it.
That's $500 per month without including depreciation, parking, and those little unexpected costs (that are often not so little!).
To compare, Modo members pay about $100 per month on average for everything they need! The low rates cover the car, the parking, the insurance and the gas.
So with Modo you’re saving dollars AND the environment by keeping more cars off the road. Nicely done, you.